The Wellstone

Minneapolis, MN

Residents at The Wellstone enjoy a convenient downtown location complete with views of the Minneapolis skyline, spacious apartments and outdoor balconies.

Offering a blend of affordable and market rate apartments, The Wellstone opened in December 2008.

The property incorporates green building strategies which offer significant health, economic and environmental benefits for residents and the greater community. The Wellstone has a solar hot water system and an underground parking garage helps preserve the grounds for green space.

Development History

The Wellstone opened in 2008 as the third development of the South Quarter development (formerly Franklin Portland Gateway). Through a partnership between Aeon and Hope Community, the once blighted intersection of Franklin and Portland Avenues is being completely transformed into 300 high quality, mixed-income apartments and townhomes, along with new retail businesses and community space.

Other developments at the intersection are Children's Village Center, The Rose and The Jourdain. Designed to be family- and pedestrian-friendly, the South Quarter has completely changed this once vacant intersection into an attractive, vibrant community hub.

The Wellstone was named for the late Senator Paul and Sheila Wellstone, who were advocates for the revitalization of the community surrounding the Franklin Portland Gateway.

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Amenities & More

  • Close to Major Highways
  • Controlled Access
  • Designer 12-Inch Tiles throughout the Living Areas with Carpeted Bedrooms
  • Designer Cabinetry
  • Dishwasher
  • Energy Efficient Appliances
  • French Balcony
  • Native Plantings
  • On Public Transit Line
  • Programmable Thermostat
  • Rain Gardens
  • Solar Powered Hot Water System
  • Stunning City Views
  • Trash Chutes
  • Walk-in Closets
  • Washer/Dryer in 2 and 3 Bedroom Floorplans & Laundry Room on Each Floor
  • Heated Underground Parking
  • On-site Laundry

Map

The Wellstone

620 E Franklin Ave
Minneapolis, MN

Directions  

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The Wellstone
620 E Franklin Ave
Minneapolis, MN 55404
Leasing Hotline: 612-333-9284
Hours: Mon - Fri, 10:00 AM - 5:00 PM

Bedrooms


Market Rate Units
Bedrooms Availability Monthly Rent Monthly Income
Minimum*
1 Bedroom No $930 – $1,000 $1,860 – $2,000
2 Bedroom No $1,350 – $1,400 $2,700 – $2,800
* Minimum monthly income requirement is 2 times monthly rent
Affordable Units
Bedrooms Availability Monthly Rent Monthly Income
Requirement*
Studio No $675 $1,350
1 Bedroom No $722 – $950 $1,444 – $1,900
2 Bedroom No $890 $1,780
3 Bedroom No $980 $1,960
* Minimum monthly income requirement is 2 times monthly rent. Estimated maximum annual income allowed is 50% of adjusted median annual income based on household size (view table).

Last updated March 13, 2017 • Rent, income requirements and availability subject to change

Photos

Adjusted Median Annual Income

Household Members
1 2 3 4 5 6 7 8
30% $18,200 $20,800 $23,400 $26,000 $27,410 $32,750 $36,730 $40,890
35% $21,217 $24,248 $27,279 $30,310 $32,734 $35,175 $37,950 $40,040
40% $24,248 $27,712 $31,176 $34,640 $37,411 $40,200 $42,960 $45,760
50% $30,350 $34,650 $39,000 $43,300 $46,800 $50,250 $53,700 $57,200
60% $36,420 $41,580 $46,800 $51,960 $56,160 $60,300 $64,440 $68,640
80% $46,100 $52,650 $59,250 $65,800 $71,100 $76,350 $81,600 $86,900

Effective 03/06/2015

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